Naw. The more the media rewrites what he says, the more foolish he sounds...but that's the point, right?
There's a lot that could be done, they just aren't willing to do it.
Though President Bush has a long list of proposals that he's been pushing since 2001. Most of them take 5-7 years after they are enacted, but some are shorter to fruition. Some have actually finally been passed, but they take time to have an effect.
They could suspend the federal tax on gas tomorrow and at the same time cut out some costly additives, but they won't.